The task of settling an estate goes beyond distributing heirlooms and property. It delves into the complexities of the tax world. When a person passes away, the assets they leave behind, collectively ...

Filing taxes for yourself is hard enough. Filing them on behalf of someone recently deceased is even harder, especially when you're dealing with the emotional aftermath of your loss. While nothing can ...

In the year that a taxpayer dies there may still need to be one or more tax returns that are required to be filed after their death. The need for these filings is dependent upon the income that the ...

The final 1040 could be just the beginning. What estate executors and survivors need to know about retirement accounts, refunds, back taxes, liens and Form 1041.

In Estate of Liftin, No. 10-589 (Fed. Cl., March 29, 2013), the Court of Federal Claims held that an estate was subject to a late-filing penalty due to its failure to timely file its estate tax return ...

Summary — In Estate of Rowland v. Commissioner, the Tax Court held that estate tax returns filed solely to elect portability must still be complete and properly prepared. Even when no estate tax is ...